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Ken Chenault backs Nova Credit, an agency providing credit scores for immigrants

When immigrants move to a new country, activities like finding a rental unit, getting good rates on loans and more can feel impossible without a credit history that’s easy to access. The team at Nova Credit, including Misha Esipov, Nicky Goulimis and Loek Janssen, discovered that this was a struggle for immigrants trying to move for a job or to attend school. Although it was originally founded as a research project by the three Stanford University grad students, it is now a company with backing from Index Ventures and General Catalyst. Nova Credit provides the solution that allows immigrants to share their credit history from their country of origin with financial service providers. This allows immigrants to access lenders, property managers and more. It opens the doors for access in ways that were extremely difficult or impossible before. It gives immigrants a fresh start and fewer factors working against them. The Nova Credit team has grown their reach to cover the credit...